FGE 0.00% 91.5¢ forge group limited

Ann: Forge to acquire CTEC , page-11

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  1. 92 Posts.
    Just a quick technicial note IMO. Nice gap up on ultra high volume. Stock needs to close near its highs or its a strong indicator the stock will reverse and close that gap at least. Shooting star formation or bearish inverted hammer in play at current prices. If it closes weak Im out looking for a re-entry later after a 50% or 61.8% fib retracement. If it closes strongly then the short-term upstrend is intact. If your analysis of fundamentals are correct it should see higher highs in the near future. Good Luck to all holders.
 
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